This would mean that the right shoulder of both
H&Ss are heading down.
Gold has just retraced 75% to 90550 which
coincides with the thin blue bottom uptrend line
of the new uptrend channel which resolves down.
The dollar moved up a bit but has slipped back
down to .8584, so that can counteract some of this
negative H&S pattern. In fact, gold is moving back
up right now.
